May 29, 2020 The Economic Impact of COVID-19 Reverberates Through Asset Classes As some parts of the U.S. inch cautiously toward a new normal, real estate owners and investors are beginning to absorb the shock of the COVID-19 pandemic. The economic impact is reverberating through all asset classes, and some are proving more resilient than [...]

May 22, 2020 Getting to the Closing Table During COVID-19 As states across the U.S. begin to ease lockdowns, commercial real estate participants are trying to mitigate the impact of the coronavirus pandemic. In its Bi-Annual Financial Stability Report, the Federal Reserve this week warned that asset prices “remain vulnerable to significant declines should the [...]

April 10, 2020 The Fed Announces New Ammunition to Battle the Covid-19 Crisis On April 9, the Federal Reserve announced another round of initiatives to bolster the U.S. economy amid the Covid-19 crisis. The Fed is launching or expanding nine different lending programs that will provide $2.3 trillion in funding to: free up banks to [...]

March 27, 2020 Navigating the Covid-19 Storm These are tumultuous and uncertain times. Few predicted a global pandemic caused by the Covid-19 virus would create such a massive economic storm. Many economists expect a sharp contraction in the global economy in the first half of the year followed by a likely rebound when restrictions are [...]

March 27, 2020 Navigating the Covid-19 Storm These are tumultuous and uncertain times. Few predicted a global pandemic caused by the Covid-19 virus would create such a massive economic storm. Many economists expect a sharp contraction in the global economy in the first half of the year followed by a likely rebound when restrictions are [...]

March 18, 2020 Maintaining A Spirit of Calm Amid the COVID-19 Panic The coronavirus pandemic, a black swan event that began as a health crisis, has morphed into a financial crisis. It’s clear that COVID-19 will have a more significant near-term impact on the economy than initially estimated. Moody’s says U.S. economic growth will decline [...]

March 3, 2020 Will the Coronavirus Infect the Global Economy? The coronavirus is sparking enormous concern for both human health and the global economy. On March 3 the Federal Reserve lowered interest rates by 50 basis points to address the threat, setting the target range for the fed funds rate at 1 percent to 1.25 [...]

European Central Bank to Step Up Monetary Support The market is now well into its earnings season with a torrent of mixed, but broadly positive corporate results as worries linger over trade and a slowing global economy. In response to concerns over the deteriorating growth outlook, the European Central Bank signaled the need for significant [...]

Fed Reiterates Commitment to Economic Expansion Benchmark U.S. 10-year Treasury yields have come in after the Federal Reserve Bank of New York’s president said the central bank would “act as appropriate” to extend the economic expansion. In the meantime, investors weighed corporate earnings and the outlook for global trade. On the earnings front, companies are [...]

Treasury Yields Rise to Four-Week High This week’s headline news continued to focus on the Fed and whether the U.S./China trade dispute will be resolved or continue. And while Federal Reserve Chair Powell has taken a dovish tone in remarks this week to Congress, traders will be eyeing the continuation of that testimony for further [...]